What is an open order and when are they executed?
An open order is an order placed outside of the market hours. Market hours are Sunday through Thursday from 11:30 a.m. till 3:30 p.m. So if you place an order before 11:30 a.m. or after 3:30 p.m. or on Friday or Saturday, it is considered an open order. Open orders will be executed as soon as the market opens. The orders will be executed in the order that they had been placed. Players have the option to cancel/update the orders if the market is still closed; however during market hours, orders cannot be cancelled. If a player does not have enough cash or shares to complete the total order, the order will not be executed.
